NIVEBO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NIVEBO
Largest movements
- Tangible fixed assets +€2,217
new in 2025: €2,217
- Receivables within one year +€1,391
up €1,391 (+851.8%), from €163 to €1,555
- Cash -€894
down €894 (-45.1%), from €1,983 to €1,089
mainly Investment in fixed assets (net) (-€2,567) and Receivables within one year (-€1,391)
- Other debts +€3,019
up €3,019 (+5.1%), from €59,760 to €62,779
- Contributions -€2,295
down €2,295 (-27.0%), from €8,492 to €6,197
- Reserves +€2,295
new in 2025: €2,295
- Profit (loss) carried forward -€496
down €496 (-0.7%), from -€66,233 to -€66,729
- Trade debts +€192
up €192 (+152.2%), from €126 to €318
- Gross operating margin +€725
up €725, from -€180 to €545
- Depreciation +€351
new in 2025: €351
- Other operating charges +€139
up €139 (+27.2%), from €513 to €653
- Financial charges +€14
up €14 (+38.8%), from €36 to €50
- Financial income +€12
new in 2025: €12
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,146 | €4,860 | +€2,714 | +126.5% |
| Fixed assets | 21/28 | - | €2,217 | +€2,217 | |
| Tangible fixed assets | 22/27 | - | €2,217 | +€2,217 | |
| Furniture and vehicles | 24 | - | €2,217 | +€2,217 | |
| Current assets | 29/58 | €2,146 | €2,644 | +€498 | +23.2% |
| Amounts receivable within one year | 40/41 | €163 | €1,555 | +€1,391 | +851.8% |
| Other amounts receivable | 41 | €163 | €1,555 | +€1,391 | +851.8% |
| Cash at bank and in hand | 54/58 | €1,983 | €1,089 | -€894 | -45.1% |
| Total equity and liabilities | 10/49 | €2,146 | €4,860 | +€2,714 | +126.5% |
| Equity | 10/15 | -€57,740 | -€58,237 | -€496 | -0.9% |
| Contributions | 10/11 | €8,492 | €6,197 | -€2,295 | -27.0% |
| Reserves | 13 | - | €2,295 | +€2,295 | |
| Distributable reserves | 133 | - | €2,295 | +€2,295 | |
| Profit (loss) carried forward | 14 | -€66,233 | -€66,729 | -€496 | -0.7% |
| Amounts payable | 17/49 | €59,886 | €63,097 | +€3,210 | +5.4% |
| Amounts payable within one year | 42/48 | €59,886 | €63,097 | +€3,210 | +5.4% |
| Trade debts | 44 | €126 | €318 | +€192 | +152.2% |
| Suppliers | 440/4 | €126 | €318 | +€192 | +152.2% |
| Other amounts payable | 47/48 | €59,760 | €62,779 | +€3,019 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €351 | +€351 | |
| Other operating charges | 640/8 | €513 | €653 | +€139 | +27.2% |
| Gross operating margin | 9900 | -€180 | €545 | +€725 | |
| Operating profit (loss) | 9901 | -€693 | -€459 | +€235 | +33.8% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €36 | €50 | +€14 | +38.8% |
| Recurring financial charges | 65 | €36 | €50 | +€14 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | -€729 | -€496 | +€233 | +31.9% |
| Profit (loss) for the period | 9904 | -€729 | -€496 | +€233 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€729 | -€496 | +€233 | +31.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.